Coupa

San Mateo, United States Founded: 2006 • Age: 20 yrs Acquired By Thoma Bravo
Cloud-based end-to-end spend management software is delivered for businesses.
Request Access

About Coupa

Coupa is a company based in San Mateo (United States) founded in 2006 by Michael Jackson was acquired by Thoma Bravo in December 2022.. Coupa has raised $169 million across 10 funding rounds from investors including T. Rowe Price, General Atlantic and Northgate Capital. The company has 648 employees as of April 06, 2024. Coupa has completed 20 acquisitions, including Aquiire, Bellin and Cirtuo. Coupa operates in a competitive market with competitors including Sage Group, Tipalti, Emburse, Airbase and Bizongo, among others.

  • Headquarter San Mateo, United States
  • Employees 648 as on 06 Apr, 2024
  • Founders Michael Jackson
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Coupa Software India Private Limited
  • Date of Incorporation 27 Aug, 2015
  • Jurisdiction Haveli, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $39.68 M (USD)
    57.94
    as on Mar 31, 2023
  • Net Profit
    $4.04 M (USD)
    110.14
    as on Mar 31, 2023
  • EBITDA
    $5.76 M (USD)
    54.19
    as on Mar 31, 2023
  • Total Equity Funding
    $169 M (USD)

    in 10 rounds

  • Latest Funding Round
    $1.2 B (USD), Post-IPO

    Jun 11, 2020

  • Investors
    T. Rowe Price

    & 11 more

  • Employee Count
    648

    as on Apr 06, 2024

  • Investments & Acquisitions
    Aquiire

    & 19 more

  • Acquired by
    Thoma Bravo

    (Dec 12, 2022)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal
People of Coupa
Headcount 1000-5000
Employee Profiles 578
Board Members and Advisors 5
Employee Profiles
People
Martin Jespersen
Customer Value Manager
People
Ben Coffman
Rvp, Customer Value, Supply Chain Design & Planning
People
Richard Larrabee
Regional Vice President - Supply Chain Sales
People
Julian Walcott
Senior Growth Manager, Customer Success - Coupa Pay

Unlock access to complete

Board Members and Advisors
people
Scott Thompson
Director
people
Kanika Soni
Director
people
Roger Siboni
Director
people
Michelle Brennan
Director

Unlock access to complete

Funding Insights of Coupa

Coupa has successfully raised a total of $169M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.2 billion completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 10
  • Last Round Post-IPO — $1.2B
  • First Round

    (14 Mar 2007)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Post-IPO - Coupa Valuation

investors

Jun, 2019 Amount Post-IPO - Coupa Valuation

investors

Jan, 2018 Amount Post-IPO - Coupa Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Coupa

Coupa has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include T. Rowe Price, General Atlantic and Northgate Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Founded Year Domain Location
Early-stage US investments in tech and offline sectors are targeted.
Founded Year Domain Location
Venture capital is invested in various sectors by Crosslink Capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Coupa

Coupa has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include Aquiire, Bellin and Cirtuo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-based fraud detection and prevention software is provided.
2015
Business trips are organized and booked via an app-based platform.
2015
AI-driven travel concierge services are delivered via a subscription app.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Coupa

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Coupa Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Coupa

Coupa operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sage Group, Tipalti, Emburse, Airbase and Bizongo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based accounting and payroll solutions for small and medium businesses
domain founded_year HQ Location
Cloud-based procurement and invoice management solutions are offered to businesses.
domain founded_year HQ Location
Corporate cards and expense management are offered to businesses.
domain founded_year HQ Location
Procure-to-pay management software is offered for business operations.
domain founded_year HQ Location
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Coupa

Frequently Asked Questions about Coupa

When was Coupa founded?

Coupa was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is Coupa located?

Coupa is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Is Coupa a funded company?

Coupa is a funded company, having raised a total of $169M across 10 funding rounds to date. The company's 1st funding round was a Post-IPO of $230M, raised on Mar 14, 2007.

How many employees does Coupa have?

As of Apr 06, 2024, the latest employee count at Coupa is 648.

What is the annual revenue of Coupa?

Annual revenue of Coupa is $39.68M as on Mar 31, 2023.

What does Coupa do?

Coupa was established in 2006 in San Mateo, United States, as a provider of cloud-based software focused on spend management. Operations include procurement and invoice automation, sourcing, travel and expense handling, inventory optimization, contract oversight, spend analysis, data visualization, payment processing, compliance measures, and supplier relations. Coverage extends to sectors such as healthcare, hospitality, life sciences, and manufacturing.

Who are the top competitors of Coupa?

Coupa's top competitors include Sage Group, Airbase and Emburse.

How many acquisitions has Coupa made?

Coupa has made 20 acquisitions, including Aquiire, Bellin, and Cirtuo.

Who are Coupa's investors?

Coupa has 12 investors. Key investors include T. Rowe Price, General Atlantic, Northgate Capital, Thoma Bravo, and Battery Ventures.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available